Stocktoria
Golden Ocean Group Ltd GOGL
Golden Ocean Group Ltd (GOGL) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 15.08% (safety: at-risk). FY2024 revenue was $968.4M at a 23.0% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
How it ranks in Transportation & Utilities · percentile among 343 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 7/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.015 |
| Retained earnings / assets | 0.095 |
| EBIT / assets | 0.093 |
| Equity / liabilities | 1.284 |
Sector peers · similar-size Transportation & Utilities companies
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| GOGL | Golden Ocean Group Ltd | 7/9 | 2.38 | 7.1 | +9.3% |
| TNK | TEEKAY TANKERS LTD. | 2/9 | 15.58 | — | -22.6% |
| INSW | International Seaways, Inc. | 6/9 | 5.44 | 12.7 | -11.4% |
| SEAL-PA | Seapeak LLC | 2/9 | — | — | -10.4% |
| CMDB | Costamare Bulkers Holdings Ltd | 4/9 | 3.5 | — | — |
| TDW | TIDEWATER INC | 7/9 | 3.43 | 10 | +0.5% |
| GLNG | GOLAR LNG LTD | 4/9 | 1.74 | 77 | +51.1% |
All Transportation & Utilities companies →
About Golden Ocean Group Ltd
Under normal circumstances, the fund will invest at least 80% of the value of its net assets, plus any borrowings for investment purposes, in financial instruments (for example, swaps and futures) that, in the aggregate, provide leveraged exposure to the Underlying Security equal to approximately two times its daily performance. It is non-diversified.
FAQ
Is GOGL financially healthy?
Golden Ocean Group Ltd's Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does GOGL pay a dividend, and is it safe?
Yes. Golden Ocean Group Ltd pays a dividend yielding about 15.08% with a 107.5% payout ratio, rated “at-risk” for safety.
How profitable is GOGL?
In FY2024, Golden Ocean Group Ltd had a net margin of 23.0% and a return on equity of 11.7%.
What is GOGL's P/E ratio?
Golden Ocean Group Ltd's trailing price-to-earnings (P/E) ratio is about 7.1×, based on its latest annual earnings.
Is GOGL a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Golden Ocean Group Ltd: a Piotroski F-score of 7/9, an Altman Z″ in the grey zone, a P/E of about 7.1×, a dividend yield of 15.08%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2024-12-31. Facts plus Stocktoria's own computed scores — not investment advice.